STATE BILLKY SB 197PASSED

AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

Create a new section of Subchapter 32 of KRS Chapter 154 to establish a tiered county system for eligible companies to receive incentives under the Kentucky Business Investment Program; amends KRS 154.32-010 to define "tier"; amends KRS 154.32-020 and 154.32-040 to conform; amend KRS 154.32-050 to specify tiering procedures; amend KRS 154.32-060 to require the Kentucky Economic Development Finance Authority to identify and certify or decertify the tiers for all counties on an annual basis into 4 tax credit tiers; provide that the incentives available under this subchapter be determined based on the county where the economic development project is located by an approved company; provide a county's tier will be based on a 5 year average of its unemployment rate and population ranking; amend KRS 154.32-090, 154.61-010, 154.61-020, and 141.383 to conform.

Status: Passed; Signed or otherwise enacted
Status date: Apr 27, 2026; 199 days ago
Current chamber: Senate
Session: 2026 Regular Session

KY SB 197 · PassedApr 27

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Bill details

Last action: delivered to Secretary of State (Acts Ch. 202) · Apr 27, 2026

Bill history

Newest first.

Apr 27, 2026delivered to Secretary of State (Acts Ch. 202)Senate

Apr 27, 2026line items vetoedSenate

Apr 15, 2026delivered to GovernorSenate

Apr 15, 2026enrolled, signed by Speaker of the HouseSenate

Apr 15, 2026enrolled, signed by President of the SenateSenate

Apr 15, 2026passed 35-1Senate

Apr 15, 2026Senate concurred in Committee Substitute (2) and Committee Amendment (2-title)Senate

Apr 15, 2026posted for passage for concurrence in House Committee Substitute (2) and Committee Amendment (2-title)Senate

Show 30 earlier actions

Apr 15, 2026to Rules (S)Senate

Apr 15, 2026received in SenateSenate

Apr 15, 20263rd reading, passed 82-7 with Committee Substitute (2) and Committee Amendment (2-title)House

Apr 15, 2026placed in the Orders of the DayHouse

Apr 15, 2026taken from RulesHouse

Apr 15, 2026reported favorably, to Rules with Committee Substitute (2) and Committee Amendment (2-title)House

Apr 15, 2026recommitted to Appropriations & Revenue (H)House

Apr 15, 2026taken from the Orders of the DayHouse

Mar 27, 2026floor amendments (1) and (2) filed to Committee SubstituteHouse

Mar 27, 2026posted for passage in the Regular Orders of the Day for Tuesday, March 31 2026House

Mar 27, 2026reported favorably, to Rules with Committee Substitute (1) and Committee Amendment (1-title)House

Mar 26, 2026returned to Appropriations & Revenue (H)House

Mar 26, 20262nd readingHouse

Mar 26, 2026taken from Appropriations & Revenue (H)House

Mar 25, 2026returned to Appropriations & Revenue (H)House

Mar 25, 20261st readingHouse

Mar 25, 2026taken from Appropriations & Revenue (H)House

Mar 11, 2026to Appropriations & Revenue (H)House

Mar 10, 2026to Committee on Committees (H)House

Mar 10, 2026received in HouseHouse

Mar 6, 20263rd reading, passed 36-0 with Committee Substitute (1), Floor Amendments (2) and (1) and Committee Amendment (1-title)Senate

Mar 5, 2026floor amendment (2) filed to Committee SubstituteSenate

Mar 5, 2026passed over and retained in the Orders of the DaySenate

Mar 4, 2026posted for passage in the Regular Orders of the Day for Thursday, March 05 2026Senate

Mar 3, 2026floor amendment (1) filed to Committee SubstituteSenate

Feb 27, 20262nd reading, to RulesSenate

Feb 26, 2026reported favorably, 1st reading, to Calendar with Committee Substitute (1) and Committee Amendment (1-title)Senate

Feb 17, 2026to Economic Development, Tourism, & Labor (S)Senate

Feb 13, 2026to Committee on Committees (S)Senate

Feb 13, 2026introduced in SenateSenate

Recorded votes

Senate: Third Reading RSN# 3891Mar 6, 2026 · Senate · 36 yea · 0 nayPassed

House: Veto Override RCS# 505Apr 15, 2026 · House · 82 yea · 7 nayPassed

Senate: Third Reading RSN# 4263Apr 15, 2026 · Senate · 35 yea · 1 nayPassed

Subjects

Economic Development
Local Government
Small Business
State Agencies
Taxation, Income--Corporate
Taxation

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AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

What it means for vendors

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

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AN ACT providing funding and establishing conditions for state government agencies and institutions, making an appropriation therefor, and declaring an emergency.

What it means for vendors

Bill details

Sponsors

Bill history

Recorded votes

Subjects

Read the bill at the source

Start finding government buyers today.It's free.

Start finding government buyers today.
It's free.